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China suspends sanctions on US-linked units of S.Korea's Hanwha Ocean
China has suspended sanctions on U.S.-linked subsidiaries of South Korea's Hanwha Ocean Co Ltd 042660.KS for a year, its commerce ministry said on Monday.
Mon, Nov 10
Japan's Nikkei rises on hopes US shutdown may end soon
TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average rose on Monday, tracking gains in U.S. stock futures as hopes grew that the historic U.S. government shutdown may end soon.The Nikkei .N225 climbed 0.9% to 50,728.56 by 0143 GMT. The broader Topix .TOPX edged up 0.17% to 3...
Mon, Nov 10
Wall St Week Ahead-Investors watching US economic signs as market pulls back, tech teeters
NEW YORK, Nov 7 (Reuters) - Investors will seek clues about the health of the U.S. economy in the coming week following worrisome labor market reports and technology-led turbulence that has knocked the stock market off record highs.
Mon, Nov 10
Pfizer wins $10 billion bidding war for Metsera as Novo Nordisk exits
NEW YORK/LONDON, Nov 8 (Reuters) - U.S. drugmaker Pfizer has PFE.N clinched a $10 billion deal for obesity drug developer Metsera MTSR.O, capping a fierce biotech bidding war between the New York-based pharma giant and Danish rival Novo Nordisk NOVOb.CO.
Mon, Nov 10
China grants exemptions to export curbs on Nexperia chips for civilian use
BEIJING, Nov 9 (Reuters) - China has granted exemptions to export controls on Nexperia chips for civilian applications, the commerce ministry said on Sunday in a move that will help to relieve supply shortages for carmakers and automotive suppliers. The announcement is the str...
Mon, Nov 10
China starts work on easing rare earth export rules but short of Trump hopes, sources say
Nov 7 (Reuters) - China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said.
Mon, Nov 10
Crude recovers late in session on hopes over US-Hungary meeting
US crude stocks rose more than expected last weekPrivate reports suggest US labor market weakened in OctoberGunvor withdraws proposal to buy Lukoil's overseas assetsBy Erwin Seba HOUSTON, Nov 7 (Reuters) - Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian...
Fri, Nov 7
Peloton shares jump as turnaround strategy gains traction
Nov 7 (Reuters) - Peloton Interactive PTON.O shares jumped 7% on Friday after the fitness company beat quarterly revenue estimates, buoyed by early traction from its revamped product lineup and price hikes across hardware and subscriptions, reinforcing investor confidence in its turnaround strategy....
Fri, Nov 7
WRAPUP 4-China's exports suffer worst downturn since Feb as tariffs hammer US demand
Exports slide, worst outcome since Feb, as front-loading effect fadesImport growth slowest in 5 months, highlights soft domestic demandData underline rising pressure on economy as US tariffs shake up global trade By Joe Cash and Ethan Wang BEIJING, Nov 7 (Reuters) - Chinese exports unexpectedly f...
Fri, Nov 7
Australian shares hit six-week low as Macquarie, banks weigh
Macquarie shares drop 5.7%, hit six-month lowBlock's ASX shares down 15.8%Qantas falls 6.6% after trimming forecastBy Nichiket Sunil Nov 7 (Reuters) - Australian shares closed at their weakest level in more than six weeks on Friday, weighed down by a steep drop in Macquarie after the top...
Fri, Nov 7
Japan's long-dated bond yields rise as PM picks reflationists for key posts
Japanese government bond yields ticked higher on Friday, led by longer-dated debt, as new Prime Minister Sanae Takaichi named advocates of expansive fiscal policy to posts at the government's top economic panel.
Fri, Nov 7
Gold gains as dollar weakens, US rate-cut bets grow
US private jobs data indicates weak labour marketUS dollar fell to 1-week low on ThursdayGold trading below $4,000/oz, set for a weekly lossBy Ishaan Arora Nov 7 (Reuters) - Gold rose on Friday as the dollar slid after U.S. private-sector job reports signalled weakness in the country's labour...
Fri, Nov 7
US to block Nvidia's sale of scaled-down AI chips to China, The Information reports
Nov 6 (Reuters) - The White House has informed other federal agencies that it will not permit Nvidia NVDA.O to sell its latest scaled-down AI chips to China, The Information reported on Thursday, citing three people familiar with the matter.Nvidia has provided samples of the chip to several of its C...
Fri, Nov 7
Elon Musk's $1 trillion Tesla pay plan wins shareholder approval
Analysts see vote as positive for Tesla stockMusk's voting rights influenced approval despite oppositionMusk's pay tied to ambitious Tesla milestonesTesla's future hinges on Musk's ambitious AI and robotics visionBy Abhirup Roy and Akash Sriram SAN FRANCISCO, Nov 6 (Reuters) - Tes...
Fri, Nov 7
US finalizes domestic flight cuts to start at 4% on Friday
WASHINGTON, Nov 6 (Reuters) - The U.S. Federal Aviation Administration on Thursday ordered airlines to cut domestic flight operations by 4% at 40 high-traffic airports starting at 6 a.m. ET (1100 GMT) on Friday, citing safety concerns about air traffic control during the government shutdown.Reuters
Fri, Nov 7
OpenAI discussed government loan guarantees for chip plants, not data centers, Altman says
OpenAI explores selling computing capacityOpenAI plans $1.4 trillion in capital commitments over eight yearsNo federal bailout for AI, says White House AI czar David SacksBy Deepa Seetharaman, Krystal Hu and Arsheeya Bajwa Nov 6 (Reuters) - OpenAI has spoken with the U.S. government about the pos...
Fri, Nov 7
Japan's Nikkei drops as tech shares track Wall Street peers lower
TOKYO, Nov 7 (Reuters) - Japan's Nikkei share average fell on Friday as heavyweight tech stocks tracked a decline in U.S. peers overnight.The tech-heavy Nikkei .N225 slid 1.3% to 50,209.13.The broader Topix .TOPX lost 0.5% to 3,298.34.Startup investor SoftBank Group 9984.T dropped 7.5%, while ch...
Fri, Nov 7
Wall Street ends lower on tech valuations, economic jitters
NEW YORK, Nov 6 (Reuters) - U.S. stocks closed in negative territory on Thursday, with a resumption of Tuesday's tech selloff as investors contended with mounting economic uncertainty and stretched valuations.
Fri, Nov 7
Novo Nordisk, Lilly strike deal with Trump to slash weight-loss drug prices
WASHINGTON, Nov 6 (Reuters) - U.S. President Donald Trump, Eli Lilly LLY.N and Novo Nordisk NOVOb.CO unveiled a deal on Thursday to slash the prices of popular GLP-1 weight‑loss drugs for the government's Medicare and Medicaid programs, as well as for cash payers.
Fri, Nov 7
Trump expands critical minerals list to copper, met coal, uranium
Nov 6 (Reuters) - The Trump administration on Thursday added 10 minerals to a list it deems essential for the U.S. economy and national security, including copper, vital to electric vehicles, power grids, and data centers, and metallurgical coal, used to make coke fuel for steel production.
Fri, Nov 7
